First Trust Alternative Absolute Return Strategy ETF Stock Forecast, Price & News

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $25.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FAAR shares have increased by 9.3% and is now trading at $27.70.
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1,448 employees have rated First Trust Alternative Absolute Return Strategy ETF CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among First Trust Alternative Absolute Return Strategy ETF's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Wednesday, December 23rd. Investors of record on Monday, December 28th will be given a dividend of $0.821 per share on Thursday, December 31st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 11.86%. The ex-dividend date is Thursday, December 24th. This is an increase from First Trust Alternative Absolute Return Strategy ETF's previous quarterly dividend of $0.01.
View First Trust Alternative Absolute Return Strategy ETF's dividend history.

First Trust Alternative Absolute Return Strategy ETF pays an annual dividend of $0.83 per share and currently has a dividend yield of 3.00%.
View First Trust Alternative Absolute Return Strategy ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include (WYY), Daimler (DDAIF), Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM.TO) (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and Allegheny Technologies (ATI).

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Kestra Private Wealth Services LLC (2.12%), Mountain Capital Investment Advisors Inc (0.52%), Mountain Capital Investment Advisors Inc (0.52%), Sowell Financial Services LLC (0.32%) and Clearview Wealth Advisors LLC (0.07%).

FAAR stock was sold by a variety of institutional investors in the last quarter, including Kestra Private Wealth Services LLC.

FAAR stock was acquired by a variety of institutional investors in the last quarter, including Mountain Capital Investment Advisors Inc, Mountain Capital Investment Advisors Inc, Clearview Wealth Advisors LLC, and Sowell Financial Services LLC.

Shares of FAAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FAAR stock can currently be purchased for approximately $27.70.

First Trust Alternative Absolute Return Strategy ETF has a market capitalization of $63.71 million.